capital facility to a
Texas-based fluid transfer company and a $1
million working capital
facility to an Ohio-based
staffing company.

King Trade Provides$5.5MM PO FinanceFacility to FragranceCompany

King Trade Capital

closed a purchase order
facility for a New York-based fragrance and
accessories company.

The company was
in need of a flexible
finance solution to help
support the manufacturing of products to
fulfill $11.5 million
of purchase orders
from a large retailer.

North Mill Provides$6.5MM A/R Facility forContinental Casting

North Mill Capital

provided a $6.5 million
accounts receivable
credit facility for
Continental Casting, a
Monroe City, MO-based
provider of tool and
die work and general
machinery. The funds
were utilized to provide
the company with ongoing working capital.

Austin FinancialFunds $2.4MMFacility to CommercialLaundry Service

Austin Financial
Services funded a $2.4
million revolving ABL
credit facility, comprised
of an accounts receivable and inventory
revolver with an equipment term loan, to a
commercial laundry
services company based
in the Northeastern
U.S. The company was
looking to exit its current
banking relationship
and needed a partner
that understood its
business and could
provide a holistic lending solution to support
its short- and long-term
objectives. The funds

Tuscaloosa, AL-based

Capstone Bank. Upon
the completion of
the transaction, the
combined company
is expected to have
assets in excess of $1.5
billion. The agreement
provides for the merger
of Capstone Bancshares
with and into

SmartFinancial, with
SmartFinancial as the
surviving corporation.

Gordon Brothers AcquiresCentral QueenslandQuarries Assets

Gordon Brothers

acquired the majority of

Central Queensland
Quarries’ plant and
equipment as part of a
liquidation managed by

FTI Consulting. The
company also entered
into a rental agreement
to lease a portion of the
purchased equipment to

Extract Quarries, which
will now operate three
of the quarrying sites
previously run by CQQ.